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May 11, 2013
05/13
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>> in apple you can buy a call spread. you can do what he did. i would go further out of the money now. i would buy an out of the money call spread and wouldn't mind selling a put or put spread. you have to leave some -- you have to leave some margin in your account. >> it's a lot of margin because apple is expensive. >> if i buy at 325 or 350, i'm happy to do that. i just have to remember i was willing to buy the stock. >> be careful buying too far out. the fundamentals for the company are as bad as they have been in a long time. i think there's some downside support somewhere near 400 again. i think you probably get a retest. i don't think you want to try here. >> a retest of lows? >> back below 425 this year. >> mike, what are your thoughts on that? >> the buyback is why you should feel comfortable. the risk reversal works. it's up 50 bucks. >> our thanks to carter braxtonworth of oppenheimer. now talking disney and dan's bearish trade. how much more room can the mousehouse run. we'll break it down. ♪ [ cows moo ] [ sizzling ] more rain... [
>> in apple you can buy a call spread. you can do what he did. i would go further out of the money now. i would buy an out of the money call spread and wouldn't mind selling a put or put spread. you have to leave some -- you have to leave some margin in your account. >> it's a lot of margin because apple is expensive. >> if i buy at 325 or 350, i'm happy to do that. i just have to remember i was willing to buy the stock. >> be careful buying too far out. the fundamentals...
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May 1, 2013
05/13
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. - what about the apple bond sale? should people be buying these bonds? would you? - i would definitely buy a bond from apple, given the amount of cash they have and the history they have and the great valuation the company has. but, i do think i can get my alpha, or my return, a little bit better than that. but if you are going to park your money into cash or an equivalent, it makes a lot of sense with a company like apple. - thank you, larry. - you're welcome. in our cover story, encouraging signs that the housing market is improving: higher home prices, particularly in communities hardest hit when the housing bubble burst. in some places, it's even leading to lotteries where there are far more eager buyers than available homes for sale. in all 20 cities where the s&p case-shiller home price index measures the strength of the housing market, home prices grew an average of 9.3%, the biggest annual jump in six years. "finally, 2013 is the year we see new construction jobs." in phoenix, prices are up 23%; las vegas, up 17.5%; and atlanta, 16.5% - big gains offset in
. - what about the apple bond sale? should people be buying these bonds? would you? - i would definitely buy a bond from apple, given the amount of cash they have and the history they have and the great valuation the company has. but, i do think i can get my alpha, or my return, a little bit better than that. but if you are going to park your money into cash or an equivalent, it makes a lot of sense with a company like apple. - thank you, larry. - you're welcome. in our cover story, encouraging...
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May 10, 2013
05/13
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so, dan, you are active in apple. >> beautiful trade. you know, on a mark to mark basis, if the stock had gone down towards that 325 strike, and just remember, the options market, if you did that before the earnings event, it was an 8% move, it does not get you down to 325. he was conservative on that. that's a great, great trade. when we say it's for free, it's really not for free because if the stock does go against you, you're going to have losses. so, one of the ways that i think you can modify this trade for the people out there is maybe sell a put spread to buy a call spread and define your risk. that way, you don't have that risk to the down side. >> mike? >> yeah, you know, i think probably the biggest change i might have made to this trade, i just would have shortened up the duration a little bit. when you get short, net short options over a longer period of time, it's harder to realize the difference. if he bought the stock at $325, that would have been shaving about $100 billion off the valuation compared to where it is right
so, dan, you are active in apple. >> beautiful trade. you know, on a mark to mark basis, if the stock had gone down towards that 325 strike, and just remember, the options market, if you did that before the earnings event, it was an 8% move, it does not get you down to 325. he was conservative on that. that's a great, great trade. when we say it's for free, it's really not for free because if the stock does go against you, you're going to have losses. so, one of the ways that i think you...
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Nov 25, 2013
11/13
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earlier this year apple launched "apple itunes radio" -- which does not seem to be having an immediate effect on pandora's user numbers. pandora's stock fell one and a half percent on friday. pandora's competitor "spotify" is getting a financial tune up. according to the wall street journal-- the "swedish" onlne streaming music company is attarcting funding from silicon valley. spotify raised $250 million in new funding. led by technology crossover ventures. which values spotify at more than $4 billion dollars. motorola launches into a new dimension. the company's mobile unit has teamed with a 3d printing company. "3d systems" it will help motorola in its latest venture, "project ara" which will let customers customize their own smartphone. motorola's mobile unit is owned by google. 3d systems closed up one and a half percent friday. shares of footlocker jumped on earnings.. the stock traded up $1.50 after the shoe sports store reported profits raced up 8%, topping analyst's view. footlooker is also on track to meet its full year guidance goal. something that could cause the stock to s
earlier this year apple launched "apple itunes radio" -- which does not seem to be having an immediate effect on pandora's user numbers. pandora's stock fell one and a half percent on friday. pandora's competitor "spotify" is getting a financial tune up. according to the wall street journal-- the "swedish" onlne streaming music company is attarcting funding from silicon valley. spotify raised $250 million in new funding. led by technology crossover ventures. which...
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Jul 24, 2013
07/13
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>> i would take apple over the next six months. >> but apple's profits were down year over year. >> the second half of the year, going into a period of time apple introducing new products and margins expand and margins will be easier so return in terms of profit growth and the other advantage is a much less demanding evaluation. you're also getting not insignificant dividend where you don't get with facebook. >> thank you so much. >>> on wall street today the dow and s&p pulling back from record highs dragged down by weak earnings results from caterpillar and at&t after the bill yesterday. but a strong performance from apple as they exceeded expectations. the black just barely. the dow is shedding 25.5 to close at 15,542, the nasdaq added a fraction of a point 3,579 and the s&p fell. >>> speaking in gamesville, illinois he defended his administration's policies, criticized wall street's irresponsibility, washington policies and emphasized the need to grow the middle class. >> this growing inequality, not just a result, inequality of opportunity. this growing inequality, not just morally
>> i would take apple over the next six months. >> but apple's profits were down year over year. >> the second half of the year, going into a period of time apple introducing new products and margins expand and margins will be easier so return in terms of profit growth and the other advantage is a much less demanding evaluation. you're also getting not insignificant dividend where you don't get with facebook. >> thank you so much. >>> on wall street today the...
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Oct 24, 2013
10/13
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apple, would you buy, sale or hold the stock trading at $525. >> great question. in do m's report, i agree they have been under performer and out performer. you look at the excitement about the new iphone, the more expensive one. i just came back from china, as you know, they are foaming at the mouth to own these things. the stock really to tyler's question a second ago, really is -- the stock is under performed because people are skeptical. >> let's move on to google, buy, sale or hold? do you like it? >> i love it. i love, tyler, company's whose numbers are verbs and this one is at evaluation, less extensive than it was a year ago but still, with the economy growing over 20% as large as it is and less than 25 times, earnings i i think it's a steal. >> general electric isn't a verb, but what do you think? >> they repositioned a company. i think the stock is doing better and will continue to do so. i own it, as well. >> how about jp morgan? this has been obviously, a very troubled company, at least as far as its legal costs are concerned. are you -- would you be c
apple, would you buy, sale or hold the stock trading at $525. >> great question. in do m's report, i agree they have been under performer and out performer. you look at the excitement about the new iphone, the more expensive one. i just came back from china, as you know, they are foaming at the mouth to own these things. the stock really to tyler's question a second ago, really is -- the stock is under performed because people are skeptical. >> let's move on to google, buy, sale or...
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Apr 3, 2013
04/13
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that's the problem apple faces. they have to be innovative. >> on the cash returns, one interesting thing to watch is earnings are april 23rd. i have a feeling if the earnings are weak, like goldman said they might be yesterday in their note, you'll see them actually use the cash return announcement on earnings to try to void -- >> -- they can do, because the earnings will overshadow that. >> i agree with you. but i have a feeling -- >> so many companies make that mistake. >> throw up this chart, guys, real quick. we didn't talk about it, but i want to. this trading pattern over the last six trading days that apple's been doing, because it's peculiar, the stock getting a bump and then a pullback. it's been almost consistent over the last six trading days or so. >> yeah, it's indicative of someone looking to get out of the position. look, a couple of weeks ago, i bought apple. i shared that trade with you, i think the biggest problem for apple right now is the trading community, the sentiment towards apple, is just b
that's the problem apple faces. they have to be innovative. >> on the cash returns, one interesting thing to watch is earnings are april 23rd. i have a feeling if the earnings are weak, like goldman said they might be yesterday in their note, you'll see them actually use the cash return announcement on earnings to try to void -- >> -- they can do, because the earnings will overshadow that. >> i agree with you. but i have a feeling -- >> so many companies make that...
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Dec 19, 2013
12/13
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we'll start with apple. what i can a about apple? the stock is up less tan 3% for 2013 and the stock is up 25%, but apple bottomed over the summer when it dropped under $400 briefly. and since then the stock has come roaring back. i think apple could be an incredible holiday play for this year. i think the numbers are way too conservative. i think the stock is ridiculously cheap and if you buy here you're still benefitting from low expectations and too low in my opinion and it's the quickest way to drive the stock higher with demands for the iphone 5s or the ipad air all which sport an excellent new operating system and the software is way ahead of the competition and i think the company can give sales a nice boost and despite the fretting, apple hasn't lost the edge in creating high-quality, elegant functional devices which we'd like to get under our christmas trees and the software behind the iphone operating system has taken the phone to a whole new level which you would recognize by the wayings wi wite minutes or updating the sof
we'll start with apple. what i can a about apple? the stock is up less tan 3% for 2013 and the stock is up 25%, but apple bottomed over the summer when it dropped under $400 briefly. and since then the stock has come roaring back. i think apple could be an incredible holiday play for this year. i think the numbers are way too conservative. i think the stock is ridiculously cheap and if you buy here you're still benefitting from low expectations and too low in my opinion and it's the quickest...
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Apr 23, 2013
04/13
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>> easier to answer than where apple is going. i would argue and i have made the statement about a week ago that it wasn't going past a hundred. then it went to 99.90. >> got nervous. >> i'm still of the opinion it will hang around between 92 and 102 between now and july. same kind of argument that we have in the second quarter is a slow down quarter. then i would argue 105 to 110 by the end of the year. my favorite investments are really focused around japan. >> momentary blip in what has been a winning trade and then it reaccelerates and picks up steam again. >> right. >> what about japan in general? you're a big believer there is hedge fund money going to work in japan? >> beginning to. i think there is a lot more to go. a lot of japanese money is going back into japan as they see opportunities in the equity market. if you're a believer in the gram dodd and things like that, yap has a ton of equity selling at those prices. >> there is a pull in the hedge fund industry now. kyle bass on the short side. guys like dan lobe on the
>> easier to answer than where apple is going. i would argue and i have made the statement about a week ago that it wasn't going past a hundred. then it went to 99.90. >> got nervous. >> i'm still of the opinion it will hang around between 92 and 102 between now and july. same kind of argument that we have in the second quarter is a slow down quarter. then i would argue 105 to 110 by the end of the year. my favorite investments are really focused around japan. >>...
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Jul 10, 2013
07/13
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they have been hit by google, hit by apple. in the face of that, the stocks just kept climbing and climbing up through $20 a share. >> stocks up 100% to date. >> it's the shareholder base. eighth skittish momentum retail-driven shareholder base, you hear some news the stock starts to trade down, then it gets piled on. momentum comes both ways. >> remember, '1 short interest. that's a big number right now. >> all right. coming up, playing the health care stocks on the being o. affordable care act delay. how are hedge funds playing the latest development? kate kelly has a preview and later coaches lag the market this year. but that all about to change? two of our traders are split. they're putting on their finest attire. they'll square off in a high class debate. we'll be right back. s guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fid
they have been hit by google, hit by apple. in the face of that, the stocks just kept climbing and climbing up through $20 a share. >> stocks up 100% to date. >> it's the shareholder base. eighth skittish momentum retail-driven shareholder base, you hear some news the stock starts to trade down, then it gets piled on. momentum comes both ways. >> remember, '1 short interest. that's a big number right now. >> all right. coming up, playing the health care stocks on the...
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May 22, 2013
05/13
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, or is apple evading the tax laws here? - what tim is saying is that domestically in the united states, they are paying their fair share of tax. but certainly they have opened up foreign subsidiaries abroad to fund operations and manage them, and it's their prerogative to open up foreign operations in the lower tax jurisdictions abroad. - right. so one of those places happened to be ireland, which the senators uncovered. but do you think that there will be fall-out for other corporations? do you think just having these senate hearings will maybe put pressure on corporate america? - i don't. and that is really because what companies like apple are doing is perfectly legal, and it makes perfect business sense for a lot of these companies to open up foreign subsidiaries to run their foreign operations. and in apple's case, they actually sell over half of their products abroad. - do you think we'll see any changes in the tax code any time soon, david? - well, you know, we have in the past, and there have been tax holidays where
, or is apple evading the tax laws here? - what tim is saying is that domestically in the united states, they are paying their fair share of tax. but certainly they have opened up foreign subsidiaries abroad to fund operations and manage them, and it's their prerogative to open up foreign operations in the lower tax jurisdictions abroad. - right. so one of those places happened to be ireland, which the senators uncovered. but do you think that there will be fall-out for other corporations? do...
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i think apple's going to work out okay. it's a high quality company. i like cisco as a good solid name. adam: all right, bill, scott, we will check in with you in a few minutes. bill, thank you for joining us. >> it's my pleasure, thanks a lot. adam: we'll go back to scott after s&p closes. liz: seeing last minute buy programs. watch for that. it's the volatility ramping up, heading into the summer trading season, is it time to get out as in the old sell in may, even though it's june, and go away? that's the old phenomena. a top strategist says absolutely no. it's merely time for some portfolio pruning heading into summer. she'll explain next. adam: a new report, uncle sam is keeping track of your cell celle calls. details next. >> we want to hear from you. will tomorrow's job report change the way you innest? how is to going to change the way you invest? log on to facebook.com/afterthebell, and we'll read your answers later on this hour. ♪ ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second st
i think apple's going to work out okay. it's a high quality company. i like cisco as a good solid name. adam: all right, bill, scott, we will check in with you in a few minutes. bill, thank you for joining us. >> it's my pleasure, thanks a lot. adam: we'll go back to scott after s&p closes. liz: seeing last minute buy programs. watch for that. it's the volatility ramping up, heading into the summer trading season, is it time to get out as in the old sell in may, even though it's june,...
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Jan 11, 2013
01/13
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what do you think on apple? there is some chatter on the street that seems to be more negative. >> what really struck me is the contradiction. he's saying that we're still so far above, 30% above where the buy side is in terms of our forecast in units, yet i'm lowering my price target. he talked about volatility. it's very volume tiff. this stock goes up and down more in an hour than you do sitting at an all-you can eat buffet, so you have to stick with it, stay with it. it's going to be okay, if he's right in what he's saying, a very bad quarterly report. >> so you look at the price targets there on the street. brian, why do i mention topeka is at 1,111 as the higher barclays is right behind that, doc. >> well, and there was a bit of good news for all the folks that want to dance on the grave of apple, the bit of good news was ntt has half of the penetration in all of japan. they say they're open to a partnership with apple. that would be big. obviously the talks earlier this week between cook and china mobile,
what do you think on apple? there is some chatter on the street that seems to be more negative. >> what really struck me is the contradiction. he's saying that we're still so far above, 30% above where the buy side is in terms of our forecast in units, yet i'm lowering my price target. he talked about volatility. it's very volume tiff. this stock goes up and down more in an hour than you do sitting at an all-you can eat buffet, so you have to stick with it, stay with it. it's going to be...
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Jan 28, 2013
01/13
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hp and dell for a long time have had more pc market share than apple. but apple has more profit. we got to see how this plays out. market share does not always equal cool in the long run. >> julia? >> i'm with john. i don't need an app to tell me when i need new shoes. i can figure that out on my own. but apple is investing more than ever in r & d. who knows what that will yield. but they are investing in cool product for the future and i can't wait to see what they have next. >> on friday, john harwood will speak about the campaign. with aljanuary simps core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls
hp and dell for a long time have had more pc market share than apple. but apple has more profit. we got to see how this plays out. market share does not always equal cool in the long run. >> julia? >> i'm with john. i don't need an app to tell me when i need new shoes. i can figure that out on my own. but apple is investing more than ever in r & d. who knows what that will yield. but they are investing in cool product for the future and i can't wait to see what they have next....
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May 7, 2013
05/13
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i'm long my google and my apple. i'm still long in the energy space, pxd. you want to be long the overall market until the market shows you something. not breaking down. 1576 line in the sand, 1600 the round number. you could still leave it until 1576. >> a couple of things. >> you were done. >> okay. >> now he's done. >> you mentioned round numbers at the top of the show. prime number. that being 47. can i give a happy belated? >> happy belated. >> thank you, sir. that's nice. that is why i was not on the show yesterday to avoid this. yet again. thank you very much. >> we talked about it for what. i'm with steve on the down side. 1570 is my number. moving up from the 1520 level. 1570 as long as we stay above it. bull market intact. the internals favor a move lower. i haven't seen it yet. it's coming, just not yet. >> the problem is when you talk about rotation, there's always going to be some sort of rotation. how long does it last? xlus. they wound up selling them, but now you look at the chart. they bought them going into the bell today. >> you bought th
i'm long my google and my apple. i'm still long in the energy space, pxd. you want to be long the overall market until the market shows you something. not breaking down. 1576 line in the sand, 1600 the round number. you could still leave it until 1576. >> a couple of things. >> you were done. >> okay. >> now he's done. >> you mentioned round numbers at the top of the show. prime number. that being 47. can i give a happy belated? >> happy belated. >>...
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Apr 18, 2013
04/13
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and apple, down again below 400 bucks. earnings next week, but apple down nearly 3% right now at 391 bucks. guys, back to you. >> lowest since december of '11. thanks, josh. see you later. ubs chairman axel vaber says he thinks investors are in a state of uncertainty. maria bartiromo sat down with mr. vaber in this exclusive interview. >> dr. axel, good to have you on the program. thanks so much for joining us once again. >> a pleasure. >> are you seeing a change in terms of investor attitudes towards capital markets, towards equities in particular, given the fact that recently we've seen a little volatility in the market. are you seeing clients change their strategies? >> well, very clearly, clients at the moment are very uncertain. so i would say we're seeing it pretty much a hands-off period in the market again. january, february, was pretty good in that sense, that the market was actually still running well, but march was more difficult for everyone. so clients are, at the moment, still in a high degree of uncertainty.
and apple, down again below 400 bucks. earnings next week, but apple down nearly 3% right now at 391 bucks. guys, back to you. >> lowest since december of '11. thanks, josh. see you later. ubs chairman axel vaber says he thinks investors are in a state of uncertainty. maria bartiromo sat down with mr. vaber in this exclusive interview. >> dr. axel, good to have you on the program. thanks so much for joining us once again. >> a pleasure. >> are you seeing a change in...
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Sep 10, 2013
09/13
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no, apple. a big event at 1:00 p.m., minutes from now. we're live at apple's headquarters. see how the stock moves, right from the get-go, with this product announcement. a lot of stocks will be moving one way or another based on what happens with apple. a lot tied in to that ecosystem. >>> a big report on cnbc.com getting a lot of attention today. it says housing is already in a bubble. we'll talk about that, beginning at 1:00. meantime, scott, back to you and the fast team. >> all right, thank you so much. we'll look forward to that. >>> shares of target struggling to find momentum recently, but is the beaten-down retailer too cheap to ignore? weiss, make your case. >> yeah, it's too cheap to ignore. street estimates have come down by 10%. that's a major decline. expectations have come down more than 10%, and you are seeing a number of downgrades in reaction to the last quarter. here's the story. they're growing earnings now, it's been reset to a level they can definitely beat, at 20% this year to next year to the following year. so you've got three-year earnings' growth
no, apple. a big event at 1:00 p.m., minutes from now. we're live at apple's headquarters. see how the stock moves, right from the get-go, with this product announcement. a lot of stocks will be moving one way or another based on what happens with apple. a lot tied in to that ecosystem. >>> a big report on cnbc.com getting a lot of attention today. it says housing is already in a bubble. we'll talk about that, beginning at 1:00. meantime, scott, back to you and the fast team. >>...
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Jul 11, 2013
07/13
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apple. they just bought apple in the 200s, okay. it goes up huge. that is going to represent a much larger piece of the pie, even if the other stocks have gone up a decent amount. at that point, you have too much exposure to whatever sector it was in. they sold apple and it's double, almost triple its price of where we bought it. totally because of discipline. we weren't clairvoyant about what was going to happen at apple. but this one always trumps conviction. keeping all of your eggs in one basket is going to get you in trouble. if you're investing for the long term, you've got time to do this gradually. as your winners go off harder, you've got to sell your position. never sell all at once or buy all at once. try to wait for moments of strength. but don't wait too long. you don't want your portfolio to become too heavily waited toward any one group. it's the idea of playing with the house's money. i explained it a couple of books ago. you want to trim to the point where all the money you've invested in that stock comes from profits you've already
apple. they just bought apple in the 200s, okay. it goes up huge. that is going to represent a much larger piece of the pie, even if the other stocks have gone up a decent amount. at that point, you have too much exposure to whatever sector it was in. they sold apple and it's double, almost triple its price of where we bought it. totally because of discipline. we weren't clairvoyant about what was going to happen at apple. but this one always trumps conviction. keeping all of your eggs in one...
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Oct 23, 2013
10/13
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we know apple made some small acquisitions in the past. john skully, former ceo of apple, on "halftime" today suggested they should not do a bigger buy back. the cash would be better preserved in innovation or ebay, for example, using current technology the company has rolled out to get into more of a payments-type business, ebay would play well into that. that's the first time we had heard ebay thrown around. that was from skully. nobody close with apple. it's a huge war chest -- >> let's bring in ron. we brought you in to react to mark spitznagel, but -- >> no 40% crash. let's start there. >> there's the response to that. >> he really is looking for a serious selloff in stocks. i'm talking mark spitznagel, of course, but can you see a company like apple and google and momentum names go up and you when have part of the market go down 40 %? >> listen, you know, we know from prior experience that correlations go with -- listen, i love scott's reporting on all this stuff. you and i, we've been around for a long time -- maria, congratulations
we know apple made some small acquisitions in the past. john skully, former ceo of apple, on "halftime" today suggested they should not do a bigger buy back. the cash would be better preserved in innovation or ebay, for example, using current technology the company has rolled out to get into more of a payments-type business, ebay would play well into that. that's the first time we had heard ebay thrown around. that was from skully. nobody close with apple. it's a huge war chest --...
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Jan 22, 2013
01/13
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apple or verizon? >> i think as these become more commoditized as smartphones become less different, i think verizon gets the upper hand. >> it's a great point on your part and that's what's happening right now. it's becoming where they need verizon than verizon needs them. that's all about competition. so i just don't see it right now working against the investors' advantage not to own verizon. i think given what we saw in the earnings, they're strong. yes, margins were little bit weak today, but i think overall verizon is an excellent player. >> i want to say one quick thing on that. remember, it's about margins at verizon. this is something jim cramer did. >> about margins. >> when i put that out there, some people said it's a small amount. what's the m.o. on wall street? every basis point counts. for verizon even a little bit on one side is a big -- >> it benefits verizon. >> herb, thanks as always. provocative comment on the call. >>> colin gillis will join us and react to all this. we obviously w
apple or verizon? >> i think as these become more commoditized as smartphones become less different, i think verizon gets the upper hand. >> it's a great point on your part and that's what's happening right now. it's becoming where they need verizon than verizon needs them. that's all about competition. so i just don't see it right now working against the investors' advantage not to own verizon. i think given what we saw in the earnings, they're strong. yes, margins were little bit...
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46
Apr 2, 2013
04/13
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eye 46
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>> apple is going to come out with a new apple mini ipad. they're going to come out with a low-cost next version phone for developing markets. they will get over their t. hurdle in china. they got their knuckles wrapped last week because of the warranty versus the state-controlled two-year warranty. they exceeded, tim cook made a very unusual apology to the government. >> what about margins from these products that you're talking about? those are going to actually drag down margins and how does the stock react? >> margins will be hurt. and they're going to have to face the reality of competition that's going to be driving the prices of hardware down further and further. whoever it was who talked up samsung. why aren't they doing anything? where is their adr? i mean, that's a really, really smart company right snou. >> let me ask you about hewlett-packard which you like. >> yes. >> goldman sachs downgrading to sell today and they say sentiment moved ahead of reality. isn't that the case? >> i think hp is misunderstood. i'm looking at the big
>> apple is going to come out with a new apple mini ipad. they're going to come out with a low-cost next version phone for developing markets. they will get over their t. hurdle in china. they got their knuckles wrapped last week because of the warranty versus the state-controlled two-year warranty. they exceeded, tim cook made a very unusual apology to the government. >> what about margins from these products that you're talking about? those are going to actually drag down margins...
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102
Oct 5, 2013
10/13
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eye 102
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apple, charitable trust bought apple in the 200s. okay? that stock initially represented 15% in the portfolio, it's now going to represent a much larger piece of the pie even if the other stocks you own have also gone up a decent amount. at that point, you have too much exposure to a single stock and too much exposure to whatever sector that is in. and that's why my charitable trust sold apple, doubled, tripled its price of where we bought it. totally because of discipline. we weren't clairvoyant about what was going to happen at apple. we believed in apple passionately, but discipline trumps conviction in cramerica. you know my rules. you never want more than 20% of your portfolio in any individual sector. keeping all your eggs in one basket is downright dopey. apple at the high got too big of a position for actionsalertplus.com. we did trim it by necessity. as is often the case, necessity was the mother of invention and the mother of profits. that's why you need to trim your winners as they go higher so they don't become too large piece
apple, charitable trust bought apple in the 200s. okay? that stock initially represented 15% in the portfolio, it's now going to represent a much larger piece of the pie even if the other stocks you own have also gone up a decent amount. at that point, you have too much exposure to a single stock and too much exposure to whatever sector that is in. and that's why my charitable trust sold apple, doubled, tripled its price of where we bought it. totally because of discipline. we weren't...
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Jan 25, 2013
01/13
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CNBC
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52-week low on apple. it has lost $246 billion in market cap since its peak and exxon mobil is getting ready to suppla flchlt t as the all-time value leader. is that significant? would you buy apple or exxon mobil just based on the value of these stocks? is it significant to this market? >> i think it is. it is very interesting the overall reaction to the market, the leading stock over the last couple years, apple, down significantly and the overall market is continuing to go higher. i think that's the interesting topic we should be looking at. >> we'll talk again soon. thank you. >> my pleasure. >> a few seconds left. more now on the second hour of "the closing bell." >> stocks rallying again. the dow less than 2% away from its all time high. welcome back to "the closing bell" everybody and happy friday as well. i'm mandy drury coming back to the table. we'll also be hearing from maria in davos, switzerland. in the meantime let's look at how we finished the day that was here on the street with the dow up
52-week low on apple. it has lost $246 billion in market cap since its peak and exxon mobil is getting ready to suppla flchlt t as the all-time value leader. is that significant? would you buy apple or exxon mobil just based on the value of these stocks? is it significant to this market? >> i think it is. it is very interesting the overall reaction to the market, the leading stock over the last couple years, apple, down significantly and the overall market is continuing to go higher. i...
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119
Sep 9, 2013
09/13
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CNBC
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>> bob, i think you're mixing apples and oranges a little bit. because the house is not a place that has a lot of democratic support or where a lot of democratic opposition to surm . summers. that would be in the senate. that's where it would matter for obama. the question is -- >> elizabeth warren and others who probably do not want larry summers. >> would elizabeth warren and some of the other democratic senators. i'm not sure. from what i'm hearing, bob, at this point, they don't see it as, how should i say, unovercomable opposition. >> thank you, guys. >> a bruised president is certainly not anything the president wants to see going into obama care fights, going into extending the debt ceiling and -- >> immigration. we could go on and on. thanks. bye. >> about 40 minutes to go before the bell rings. 144 to the plus side. 15, 066 is where the dow sits. >> would you buy a car because of a smart watch that comes with it? nissan bets you might. >>> later, the speculation on what apple's big announcement might be is growing like crazy and the stoc
>> bob, i think you're mixing apples and oranges a little bit. because the house is not a place that has a lot of democratic support or where a lot of democratic opposition to surm . summers. that would be in the senate. that's where it would matter for obama. the question is -- >> elizabeth warren and others who probably do not want larry summers. >> would elizabeth warren and some of the other democratic senators. i'm not sure. from what i'm hearing, bob, at this point, they...
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126
Aug 8, 2013
08/13
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WBAL
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apple just got too big. maybe we are better lucky than google. as is often the case, necessity was the mother of invention and the mother of profits. that's why you need to trim your winners. so they don't become too large a piece of your portfolio and then they get you in trouble. now, if you're investing for the long-term, you've got time to do this gradually. as your winners go higher, scale down slowly. never sell all twuns. try to wait for ments of strength to get better price, but don't wait too long. you don't want your portfolio to become too heavily weighted. there's still one concept. that's the idea of playing with the house's money, which i explained in one of my rules a couple of books ago. when you own a stock that's had a huge run, you want to trim your position to the point where all the money you have invested in that stock comes from profits you've made and not a penny comes from your original investment, once you pare back your winners, you can afford to take far more risk with what's left. you can let that run forever, i don't
apple just got too big. maybe we are better lucky than google. as is often the case, necessity was the mother of invention and the mother of profits. that's why you need to trim your winners. so they don't become too large a piece of your portfolio and then they get you in trouble. now, if you're investing for the long-term, you've got time to do this gradually. as your winners go higher, scale down slowly. never sell all twuns. try to wait for ments of strength to get better price, but don't...
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55
Oct 23, 2013
10/13
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CNBC
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eye 55
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>> probably apple, certainly. kidding. no, tough if oil is falling, but one thing to get into, is to think about, is refining. we think near term the oil price will rally and hold up with brent. so we're not long refining here. but on a long-term basis, we think the refining stocks, the chemical stocks, the clear beneficiaries of cheap oil. what we need to do is have them change the rules in washington and allow the export of this oil. that's what we really need to really continue the story. we'll have to export the stuff. right now, you're not allowed to do that under d.c. regulations. >> yeah, paul, thank you very much. >> thank you. >>> coming up, the stock swaummy gave you a heads-up on the netflix stock, before icahn's big sale. >>> big news yesterday before we even heard about carl icahn selling big chunks of netflix. so, doc, you're the swami. >> all right. >> what do you see today? >> we're seeing unusual activ y activity, judge, in mohawk. i've talked about how low interest rates are going to benefit homebuilders
>> probably apple, certainly. kidding. no, tough if oil is falling, but one thing to get into, is to think about, is refining. we think near term the oil price will rally and hold up with brent. so we're not long refining here. but on a long-term basis, we think the refining stocks, the chemical stocks, the clear beneficiaries of cheap oil. what we need to do is have them change the rules in washington and allow the export of this oil. that's what we really need to really continue the...
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Jul 23, 2013
07/13
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FBC
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eye 104
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apple is still an iphone company. that, of course, is what everyone will be watching. 26.5 million iphones sold in the quarter. long gone are the days. people just really want to know. can they keep going? can they keep on delivering those numbers? the fact job to all of this is innovation, innovation, innovation. the question is, can they keep on doing this? they are coming up upon a lot of difficult trends. penetration has hit a wall. what is their next new big device killer? they gave us the iphone. they gave us the ipad. people want to know, can the apple product pipeline keep going? as you said, the backdrop in all of this is the stock. you know, whatever the company does, expect some big movement out of the stock today. and lots of tech companies have been disappointed. liz: people are generally looking for sales of iphones. 28.5 million iphones. sheila will with us. breaking everything down that you need to know. as i said, we have brian over at morningstar. we will get great perspectives on this. let's get to
apple is still an iphone company. that, of course, is what everyone will be watching. 26.5 million iphones sold in the quarter. long gone are the days. people just really want to know. can they keep going? can they keep on delivering those numbers? the fact job to all of this is innovation, innovation, innovation. the question is, can they keep on doing this? they are coming up upon a lot of difficult trends. penetration has hit a wall. what is their next new big device killer? they gave us the...
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Jul 24, 2013
07/13
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CNBC
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. >> stephanie, is the worst over for apple? can you make that statement at this point with confidence? >> i think the gross margin concerns are probably bottoming because that has been my biggest concern. gross margins have been falling and they still fell this quarter year-over-year pretty substantially, but the guidance for gross margins for the next quarter is actually around where people were expecting and a little bit better than the whispers. to me that speaks to me doing better job in this transition. these are transition quarters. until we get these products they're talking about, these are transition quarters. so they're doing a pretty good, yes on the iphone. 20% better expectations in terms of unit. despite the fact they had a 5% asp drop. so they're doing better there. they're doing a little better on the gross margins. i think it was component prices that helped them. if these things can stay at these levels and you get some confidence in products in the second half of the year. i think it's a trading range stock t
. >> stephanie, is the worst over for apple? can you make that statement at this point with confidence? >> i think the gross margin concerns are probably bottoming because that has been my biggest concern. gross margins have been falling and they still fell this quarter year-over-year pretty substantially, but the guidance for gross margins for the next quarter is actually around where people were expecting and a little bit better than the whispers. to me that speaks to me doing...
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121
Apr 22, 2013
04/13
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CNBC
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eye 121
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i guess it will be apple tv. >> apple tv is a logical extension of the largest screen that the ipad was, and bringing apps to the tv environment what everyone is trying to do. >> but they have a tv product. i have one at home. $99. a little black pox. >> it's not the real tv. >> why buy a $2,000 actual physical television when for 99 bucks i convert my physical television. >> today it doesn't have the one thing that made the iphone take off, which is applications. it was at revolution that really took off, what people could do from a personal assistant, games, entertainment and a corporate standpoint. >> dan, do you hear any chatter out there? >> we heard about channel checks, things around. this is probably a year and a half ago, two years ago. is there anything you've heard that gives you any sense that there's something coming. >> so i attempt not to recommend stocks based on chatter. what i would invest in investing in apple is a track record, a team. phenomenal balance sheet. they spend a lot on r&d. you can't predict what the next will be. everyone said tablets will never work. no
i guess it will be apple tv. >> apple tv is a logical extension of the largest screen that the ipad was, and bringing apps to the tv environment what everyone is trying to do. >> but they have a tv product. i have one at home. $99. a little black pox. >> it's not the real tv. >> why buy a $2,000 actual physical television when for 99 bucks i convert my physical television. >> today it doesn't have the one thing that made the iphone take off, which is applications....
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48
Jul 29, 2013
07/13
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CNBC
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eye 48
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i think when you correlate it to what's going on over at apple it seems to be the same thing and they seem to be pulling out the type of capital allocation strategies again what apple is doing and i think for a long time for an extended period of time it will suffer. are you going to get the significant appreciation back towards 95 without having the emerging market growth come in again? i don't know you will see it. >> i think you can trade around the position and in this stock really is a trading stock. you can buy in the low 80s and i think the upper 80s and low 90s is when you sell it until you get more confidence in emerging markets and the top line growth certainly and there could be money to be made. >> in addition to the emerging markets and the construction and/or china play, there is also one of the big impediments there, labor contracts and that has been resolved for caterpillar, so i think some of the uncertainty removed means that that's why people like steph and i are more comfortable buying at 81 and then perhaps selling it again at 88 and because i think you do get tha
i think when you correlate it to what's going on over at apple it seems to be the same thing and they seem to be pulling out the type of capital allocation strategies again what apple is doing and i think for a long time for an extended period of time it will suffer. are you going to get the significant appreciation back towards 95 without having the emerging market growth come in again? i don't know you will see it. >> i think you can trade around the position and in this stock really is...
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114
Apr 12, 2013
04/13
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FBC
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eye 114
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does not matter whether you have a samsung's or an apple. as long as you're doing text messaging or roaming someone has to keep score. that is what is inside your phone. it's a great company. they generate dollar for dollar net income and create cash flow and continue to buy back shares. the ball back over a billion dollars of their last bought. liz: i will never challenger to trivial pursuit on anything. you have that kind of brain. >> thank you. liz: we will put his picks on our facebook page. scott black, delphi founder management and president. the market more than doubling. it is making some naysayers look not so smart. business insiders did the dirty work. check out the rally. the people who said that the rally looked foolish and that they should stay away from it, well, now they look foolish. ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain
does not matter whether you have a samsung's or an apple. as long as you're doing text messaging or roaming someone has to keep score. that is what is inside your phone. it's a great company. they generate dollar for dollar net income and create cash flow and continue to buy back shares. the ball back over a billion dollars of their last bought. liz: i will never challenger to trivial pursuit on anything. you have that kind of brain. >> thank you. liz: we will put his picks on our...
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48
Mar 20, 2013
03/13
by
CNBC
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eye 48
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they haven't recovered since the walkman failed versus everything apple. they have the potential of going forward with the watch. only one analyst following the name, i think there are other names you'd rather be in. >> ag etf. >> i think in the long run this is probably a secular bull market still. i think agricultural is a long run bull story, but if dollar strength continues you could see weakness. >> holly frontier? >> the crack spreads are working for them big time, judge. that's not going to abite. i continue to like this one. gasoline prices, i don't like this, but if you're a shareholder of holly, you have done this. gas line prices up 45 cents per gallon this year. who does that go to? it goes to guys like this,h hfc. >> give me the intraday again. was that a jon najarian pop? >> could be. >> look at that. >> look at that. >> you said you like it and bang -- >> giddyap. >> final trades when we come back. ♪ ♪ [ male announcer ] help brazil reduce its overall reliance on foreign imports with the launch of the country's largest petrochemical oper
they haven't recovered since the walkman failed versus everything apple. they have the potential of going forward with the watch. only one analyst following the name, i think there are other names you'd rather be in. >> ag etf. >> i think in the long run this is probably a secular bull market still. i think agricultural is a long run bull story, but if dollar strength continues you could see weakness. >> holly frontier? >> the crack spreads are working for them big time,...
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95
Jul 24, 2013
07/13
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CNBC
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eye 95
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not just apple. juniper good numbers. vmware had good numbers. remember, nasdaq 100 has underperformed in the last few days since google and microsoft had crummy numbers. so not bad overall for tech. not bad also is aerospace. boeing might be down, but they boosted the outlook for the year. northrup grumman, dynamics, boosting the numbers. here's the scorecard. financials, terrific numbers overall. industrials and technology stocks, frankly, have been on the mixed side. we're still earnings so far up 4.2% for the s&p 500. i'm sticking by my idea we could get 5% to 6% earnings growth in the second quarter. guys, back to you. >> yeah. even though the estimates, you stuck your neck out on that one, bob. >> i did. >> even though estimates were 3.5%. >> right. >> we want to bring in the panel of experts. joining us on the "closing bell exchange" is sarah and david and bob kaiser from s&p capital iq and our own rick santelli. good to see everybody. bob, let's talk earnings. bob is saying we could get 5%, 6% earnings growth. what is priced into the mark
not just apple. juniper good numbers. vmware had good numbers. remember, nasdaq 100 has underperformed in the last few days since google and microsoft had crummy numbers. so not bad overall for tech. not bad also is aerospace. boeing might be down, but they boosted the outlook for the year. northrup grumman, dynamics, boosting the numbers. here's the scorecard. financials, terrific numbers overall. industrials and technology stocks, frankly, have been on the mixed side. we're still earnings so...
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51
Aug 5, 2013
08/13
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CNBC
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eye 51
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better versus apple. it is a stock picker's market. >> it is always a stock picker's. >> small cap this is year out performed all the others. >> small caps since the bottom in 2009 are up more than 200%, way ahead of the s&p. i am not sure that's a new story. i just think that the differential in relative value has grown to such i agree that people are really starting to notice it. what i would tell on you the small cap trade, it is not that they're good or bad or whatever the case may be, to stephanie's point, they're going to be i think a dispersion between winners and losers here. >> that's why you don't want to own the index. that's why you want to be a stock pick. it is always a stock picker's market if you own average by definition you're mediocre. that's the average. it is always stephanie, i always want eaton on friday and it came off and those are where the opportunities are with fairly valued at, 16 times, historically, that's better than average and you want to go to stocks >> we mentioned the
better versus apple. it is a stock picker's market. >> it is always a stock picker's. >> small cap this is year out performed all the others. >> small caps since the bottom in 2009 are up more than 200%, way ahead of the s&p. i am not sure that's a new story. i just think that the differential in relative value has grown to such i agree that people are really starting to notice it. what i would tell on you the small cap trade, it is not that they're good or bad or whatever...
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Jul 30, 2013
07/13
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KQEH
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. >>> apple is in the crosshairs again. a labor rights group is accusing apple of abusing some of its workers in china. china labor watch says that peglatron, a chinese company that makes iphones for apple, withholds employee's pay, forces them to work extra hours. >>> prices are up 8 cents a gallon nationwide over the past two weeks. the latest sr. have a shows a gallon of regular unleaded will now cost you 3.67 on average. chicago is the most expensive city to fill up, the average price there, $4.10. charleston, south carolina has the nation's lowest at $3.34. >>> crude prices are up, gasoline prices are up, and this coming week, we get the latest earnings from some of the world's biggest energy companies. jackie deangelis has a look at what's ahead. >> reporter: the large cap sector has seen a 15% gain year to date. it's the middle of the road performance when compared to the other sectors. will earnings give energy companies a jolt? >> energy companies have come under pressure this year as falling bread prices have impa
. >>> apple is in the crosshairs again. a labor rights group is accusing apple of abusing some of its workers in china. china labor watch says that peglatron, a chinese company that makes iphones for apple, withholds employee's pay, forces them to work extra hours. >>> prices are up 8 cents a gallon nationwide over the past two weeks. the latest sr. have a shows a gallon of regular unleaded will now cost you 3.67 on average. chicago is the most expensive city to fill up, the...
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46
Nov 25, 2013
11/13
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CNBC
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eye 46
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apple has special appeal to iphone and mac owners who want to stay in that apple universe. those looking for a low-cost option roku and google could make headway and since it's all about the content we can expect some more announcements about new apps and i think we'll get more especially from applep. brian, back over to you. >> all right. julia boorstin, thank you very much. >>> up next, perhaps the year's toughest stock. its share price continues to soar despite a long list of setbacks from the company. who it is up ahead. >> street talk is coming your way when "street signs" returns. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ you get your coffee here.ears. you get your hair cu
apple has special appeal to iphone and mac owners who want to stay in that apple universe. those looking for a low-cost option roku and google could make headway and since it's all about the content we can expect some more announcements about new apps and i think we'll get more especially from applep. brian, back over to you. >> all right. julia boorstin, thank you very much. >>> up next, perhaps the year's toughest stock. its share price continues to soar despite a long list of...
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69
Jan 23, 2013
01/13
by
CNBC
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eye 69
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how about the apple gaming console from 1996? how about the apple quick take camera? holding eight photos. onor this, motorola rocker e1. yeah. 2005 hp held a hundred songs. sold about a hundred copies. and this. apple lisa. $10,000 computer that effectively did nothing. >> 1983, yeah. >> first gen apple tv. it was neat when it came out until you realized you had to wirelessly sync everything in your home. and to sync a two hour movie did -- >> how long would it take you? >> about eight hours. >> not really worth it. >> you want me to add to that list? >> i don't have anything to add. anyway, few more product -- >> let's not get into religion. >> devices put to very interesting usees. scared of dining alone? there is an anti-loneliness bowl. easy to surf twitter, facebook, see what you are missing out on while you slurp your soup. and this, a potty with a place for an ipod. not sure how this will toilet train your tot. but you can coax them along and say, you can do it now, they can at least watch the wiggles at the same time. >> technology and tablets are much better
how about the apple gaming console from 1996? how about the apple quick take camera? holding eight photos. onor this, motorola rocker e1. yeah. 2005 hp held a hundred songs. sold about a hundred copies. and this. apple lisa. $10,000 computer that effectively did nothing. >> 1983, yeah. >> first gen apple tv. it was neat when it came out until you realized you had to wirelessly sync everything in your home. and to sync a two hour movie did -- >> how long would it take you?...
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101
Jul 10, 2013
07/13
by
CNBC
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eye 101
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we weren't clairvoyant about what was going to happen at apple, we believed in apple passionately, but discipline trumps conviction in cramerica. you never want more than 20% of your portfolio in an individual sector because keeping your eggs in one basket is dopey. apple at the high got too big of a position for actionsalertplus.com. we did trim it by necessity. as is often the case, necessity was the mother of invention and the mother of profits. that's why you need to trim your winners as they go higher so they don't become too large of piece of your portfolio and get you in trouble. now if you're investing in the long-term, you have time to do this gradually. you should sell off parts of your position. scaling out slowly over time. like i told you earlier, never sell all at once, like you should never buy at once. try to wait for moments of strength to get better prices. don't wait too long, you don't want your portfolio to become too heavily weighted toward one group. there's one more concept you should be aware of when you sell your best performers and that's the idea of playing
we weren't clairvoyant about what was going to happen at apple, we believed in apple passionately, but discipline trumps conviction in cramerica. you never want more than 20% of your portfolio in an individual sector because keeping your eggs in one basket is dopey. apple at the high got too big of a position for actionsalertplus.com. we did trim it by necessity. as is often the case, necessity was the mother of invention and the mother of profits. that's why you need to trim your winners as...
48
48
Jan 28, 2013
01/13
by
CNBC
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eye 48
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if you look at apple, they are innovative five times. first apple 2, mac, iphone, ipod and ipad. and if we get an i-tv, that is six times. so really, unprecedented in history. i think investors, frankly, are resetting expectations. >> do you think apple has, in terms of the products, coolness, newness, or is that given to samsung, which apparently people want more of? >> no, i think with people, it is on the street and it is still selling well. oversees markets will do terrific. if anything, i think the comparison, worst case comparison is apple's the new microsoft, which is settling into a mature phase where they will be printing money but not thought of as cool as they were. nothing lasts forever. but there has to be things that apple has up its sleeve. it just does. >> with all due respect to my abell cohost, get it here -- john, settle this once and for all. mandy, i'm sorry, you like to talk about samsung, people want bigger screens and samsung is selling more than apple. so you assume samsung is bet are or more desirable. well, samsung is selling than apple because it is ch
if you look at apple, they are innovative five times. first apple 2, mac, iphone, ipod and ipad. and if we get an i-tv, that is six times. so really, unprecedented in history. i think investors, frankly, are resetting expectations. >> do you think apple has, in terms of the products, coolness, newness, or is that given to samsung, which apparently people want more of? >> no, i think with people, it is on the street and it is still selling well. oversees markets will do terrific. if...
143
143
Feb 15, 2013
02/13
by
CNBC
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eye 143
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let's say you bought apple around $200. it was 15% of the portfolio. it's a much larger piece of the pie. even if other stocks you own have gone up a decent amount. you have too much exposure to even the single best stock and too much exposure to whatever sector that stock is in. you never want to have more than 20% of you portfolio in any individual sector. keeping all your eggs in one basket is downright dopey. that's why you need to trim the winners as they go higher so they don't become too large a piece of your portfolio and get you in trouble. i'm not saying sell them all. that is what it's going to be interpreted as, then it's not true. if you're investing for the long term, you have time to do this gradually, pieces. not all at once. as your winners go higher, sell off parts of your position. it's the scale, slowly over time. like i told you earlier, never sell all at once, don't buy at once, and try to wait for moments of strength. don't wait too long. you don't want the portfolio to become too heavily weighted toward any one group. now there
let's say you bought apple around $200. it was 15% of the portfolio. it's a much larger piece of the pie. even if other stocks you own have gone up a decent amount. you have too much exposure to even the single best stock and too much exposure to whatever sector that stock is in. you never want to have more than 20% of you portfolio in any individual sector. keeping all your eggs in one basket is downright dopey. that's why you need to trim the winners as they go higher so they don't become too...